With projects in Brooklyn and Los Angeles already under way, the state-owned developer is now looking to double its $6 billion pipeline of U.S. projects by next year by leveraging its experience with rapidly-urbanizing Chinese cities and its strong balance sheet, the Wall Street Journal reported. Greenland plans to invest as much as $8 billion in new projects overseas this year, and it’s eyeing large projects in additional U.S. cities.

The firm’s financial position allows it to execute quickly because it doesn’t have to spend months or years raising money, insiders told the newspaper.

“If they decide that this is something that’s appropriate for them to do…they will sign the contract, and they’ll do it,” Martin Polevoy, an attorney at DLA Piper who represented Greenland in the Atlantic Yards deal, told the Journal.